Following a government competition, revolutionary technology will be one step closer to transforming UK healthcare.
Multiple businesses and academics across the UK are set to receive over £17 million funding from UK Research and Innovation to develop their projects, using revolutionary technology these bodies shall address new and emerging issues in the healthcare industry.
Improving treatment with revolutionary technology
The funding, from the Industrial Strategy Challenge Fund managed by UK Research and Innovation, will be supporting efforts to enable antibodies to be taken orally rather than through invasive injections and increasing the range of medicines that can be delivered through skin patches.
Ian Campbell, Executive Chair of Innovate UK, for UK Research and Innovation said: “The projects we have funded today aim to make a real difference for patients and clinicians. They represent the very best of British innovation, focusing on improved patient outcomes and driving efficiency. The UK health sector is thriving, with SMEs playing a crucial role.”
“By supporting this sector, as part of the government’s modern industrial strategy, we can ensure we remain global leaders in health innovation and create the jobs of tomorrow.”
Technology has the ability to revolutionise health and social care, and with this funding the projects that are being developed by the businesses and academics will range from a GPS app to track where porters and available beds are in hospitals, to 3D printing technology for tablets and smartphone apps monitoring and improving treatment of long-term complex wounds.
Variety of projects across the UK
Highlighting the diverse and extensive strength across the country, and boosting the development of revolutionary technology, the variety of projects are jointly to receive over £17 million funding to develop their innovations and are based in the following cities:
- Cambridge and,
Business secretary Greg Clark said: “Technology is revolutionising industries across our economy, and new innovations play a key role in advancing our healthcare sector to make sure people are living longer, healthier and happier lives.”
“By pooling the expertise of the public and private sectors, as highlighted through the Life Sciences Sector Deal and the modern Industrial Strategy, we are making every opportunity to reach our full potential in finding new discoveries and technologies to diagnose illnesses earlier that could lead to more lives being saved.”
More about the Industrial Strategy
The Industrial Strategy has the goal to boost the productivity and earning power of individuals throughout the UK. It outlines a plan on how to prepare Great Britain to be fit for the future – highlighting ways in which businesses can receive assistance in creating better, higher-paying jobs in every part of the UK with particular investment in skills, industries and infrastructure.
More about UK Research and Innovation (UKRI)
UK Research and Innovation is a new body which works in partnership with universities, research organisations, businesses, charities, and the government to develop an environment for research and innovation to successfully flourish. With a combined budget of more than £6 billion and operating across the country, UK Research and Innovation brings together the seven Research Councils, Innovate UK and Research England.